Charity registratlon number SC045056 (Scotland) A HEART FOR DUNS ANNUAL REPORT AND UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025
A HEART FOR DUNS LEGALAND ADMINISTRATIVE INFORMATION Trustees Charity number (Scotland SC045056 Office addrèss Volunteer Hall Langtorygate Duns Befwickshire TD11 3AF Registered offÉce Volunteer Hall Langtongale Duns Berwickshire TD11 3AF Independent exarniner
A HEART FOR DUNS CONTENTS Page Trustees, report Statement of Trustees, responsibilities Independent examiner's report Statement of financial activitie5 Balance sheet Notes to the financial statements 10-24
A HEART FOR DUNS TRUSTEES, REPORT FOR THE YEAR ENDED 31 MARCH 2025 The Trustees present their annual report and financial statements for the year ended 31 March 2025. The financial statements have been prepared in accordance with the accounting policies set out in note 1 to the financial statements and comply with the Charity's governing document, the Charities and Trustee Investment (Scotlandl Act 2005, the Charities Accounts (Scotland) Regulations 2006. FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Charities SORP "Accounting and Reporting by Charities: Slalemenl of Recornmended Practice applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland IFRS 1021" A Heart for Duns {AHFD) became a Scottish Charitable Incorporated Organisation on 18 August 2014 Objectives and activities The vision of AHFD 15 to remain al the forefront of Community Led Planning for Duns and District k)cusing on enlertainmenl, culture, well-being, helping combat social isolation and tackling disadvantage. To help achieve this AHFD provides a multipurpose community venue in the Volunteer Hall, which is the largest venue in Berwickshire. 11 is also the main performance venue in the town for local non-professional theatre groups, as well as touring organisations. It also provides office accommodation for a number of local charities and meeting facilities for businesse5 and he21th services. AHFD have been investigating ways to raise significant capital resources to make the venue more fit fof purpose in the long term. The Hall is relatively large and has a variety of spaces as well as room outside lo allow for the creation of an imaginative and flexible facility, necessary to ensure the long-term financial viability of the Hall and ensure it invests slralegically in the local community. As a Development Trust, AHFD is an anchor organisalion, communily-owned and led. working to combine community-led action with an enterprising approach to address and tackle local needs and issues. The aim is to create social, economic and environmental renewal in a defined geographical area. AHFD provides a central hub lo bring peciple together for business, social and community good to grow, prosper and regenerate parts of our community. focusing on inclusion and wellbeing. During the year AHFD conlinued to work in collaboration with local charities to operate zero wa51e initiatives including The Sentry Box book exchange and the repurposing of the Community Larder as a clothes and toy swap for younger childien, also enabling the sharing and recycling of books, equipment, games and films. Public Benefit The Trustees have paid due regard to guidance issued by the Office of the Scottish Charity Regulator (OSCR) in deciding whal activities AHFD should undertake. Achievements and performance Community activities in Duns continue to develop in a post Covid world and Hall bookings continued to increase, with a number of larger successful events available throughout the year. The following achievements can be recorded.. Regular community film nights. showing recent releases Monthly Community Lunch attendances have risen to between 40 and 60 people One-off events included a Beer & Food Festival. Christmas Market, a number of local weddings, Christmas Crackle and Hogmanay Ceilidh We initiated more live musiG events as a precursor to having more and disparate third party events over the year We continued priorilise the Hall for NHS blood donation and vaccination clinics The 'Keep Duns Blooming Marvellous. project continues to grow and support the planting and care of flowerbeds around the town 5LlPPOrted by an active team of volunteers, along with annual plant sales Usage by strategic partners included multiple performances by Duns Players, Duns and District Arnateur Operatic Society. Duns Play Fest and the continuing Duns Summer Festival
A HEART FOR DUNS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Financlal rfrview Our main sources of finance include IradirKJ wtd grant investments, and we continue lo source funds via.. Hall and meeling room hlre OffiGe tenanc3 Exlemal investment via grants Community events and activities Bar sales al community and private evenls Income from Strategic Partner collaboialion5 Donalions 200 Club Grant fLsnding from the National Lottery Communities Fund helped to finance core Go51s and allowed u5 lo laCe isolation and loneliness in novel ways This was supplemenlÈd by tafgelod investment from the Shared Pfo$perily FLtnd. We are grateful to all of our funders, who continue to provide resources which we invest in community acknvity. All existing tenants continued with their tenancy agreements for their offices and slor8ge at ihe Hall, and we remain as a provider of sub51anlial storage space for some of our key partners. Bankers: Reserves policy Trustees are mindlul that AHFD should alm to maintaln sufficient reserves to cover 6 months of overhead costs which they are achievin9. Risk management The Trustees have assessed the major risks to which the Charity is exposed, and are satisfied that systems are in place to mitigate exposure to the major nsks. Structure, governance and management AHFD is a Scoiiish Chantable Incorporated Organisation (SCIO). It is governed by its Consbtutson, tl* mosl recent amendment of which was formally adopted at the AGM on 18th November 2024 Membership ofA"HFD is open to all in the TD10 and TD11 poslcode areas. No Charity Tiuslees were appointed by members at the AGM on 18 November 2024. however two were appointed by the Board during the year.
A HEART FOR DUNS TRUSTEES, REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 There has been some tumover of Trustees over the past year. The Trustees who served durlng the year and up to the datè ol signature of the financial slatements were.. Managèment The Charity Trustees are responsible the strategiG direction aTrd governance of the association. Day to day operation5 are dele9aled to the Operations Group, staff and several subcommittees. No Trustee receNes any remuneration foi their activities. AHFD had the following part lime posts during the year.. Development Manager responsible for the sourcing and appli140n of grant funding. partnership dgveloprnenl and management ofA Heart for Duns as a Cev•lopment Tnjst Finance Manager responsible for financial administration for A Heart for Duns and some addltlonal projects Caretskèrlte¢hnici8n respon$ibSe for maintenance of the fabric of the site, for events setup and takedown and some customer alSon. plus managing te¢hnical queries Administrator responsible for volunteers. eveni organisalion and administration, and for managing bookin93 for the Volunteer Hall events. BenefiGiar4es AHFD will remain al the lotrOnI of CommLnity Led Planning lor Duns & District foeusino on entertainment. culture. wollbeing and combating isolation. Key people who will benefit from AHFD aGtivities indude Individuals and families thr¢)ugh measur&s and activities to combat disadvantsge Ghildren and young people, by provlding them wilh additional opportunities Older people, through community activit'es to counter isolation and stimulale volunteering Strategic partners who have priority acckss to a central and usable site al low cost Voluntary and third sector organisations, through the creation of 3 Third Sector Hub; and Local businesses, through provision of flexible office and meeting spaces. AHFD wsll ensure that Ihe needs ofthe communlty clinUe to develop. by prcviding. A safe place where peokle feel accepted and valued An a¢ces5ible building that can chan9e Its service in response to need Space for indoor and outdoor activity that will regenerate this area A bnokable venue. attracting new serVIS from further afield lor our community Support to local businesses, increasing employment and volunteering opportunities.
A HEART FOR DUNS TRUSTEES. REPORT (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025
A HEART FOR DUNS STATEMENT OF TRUSTEES, RESPONSIBILITIES FOR THE YEAR ENDED 31 MARCH 2025 The Trustees are responsible for preparing the Trustees, Report and the financial ststements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice). The law applicable to charities in Scotland requires the Trustees to prepare financial statements for each financial year which give a true and fair view of the slate of affairs of the Charity and of the incoming resources and application of resources of the Charity for that year. In preparing these financial statements, the Trustees are required lo.. select suitable accounting policies and then apply them consistently.. observe the methods and principles in the Charities SORP (Statement of Recommended PfaGlice),' make judgements and estimates that are reasonable and prudent.. stale whether applicable accounting standards have been followed, subject to any material departures disclosed and explained in the financial statements., and prepare the financial statements on the going concern basis unless il is inappropriate lo presume that the Gharity will continue in operation. The Tru51ees are responsible for keeping suiTicient accounting records that disclose with reasonable accuracy al any lime the financial position of the Charity and enable them to ensure that the financial statemerts comply with the Charities and Trustee Inveslrnent {Scotland) Act 2005. the Charities Accounts {Scotlandl Regulations 2006 and the provisions of the trust deed. They are also responsible for safeguarding the assets of the Charity and hence for taking reasonable step5 for the prevention and detection of fraud and other irregularities.
A HEART FOR DUNS INDEPENDENT EXAMINER'S REPORT TO THE TRUSTEES OF A HEART FOR DUNS I report on the financ?al slalemenls of the Charity for the year ended 31 March 2025, which are set out on pages 7 to 24. Respectlve responslbllltles of Trustees and examlner The Charlty's Trustees are responsible for the preparation of the financial slatements in accordance with the terms of the Charities and Trustee Investment Iscotlandl Acl 2005 and the Charltles Accounts (Scottan¢Jl Regulations 2006. The Charity Trustees C¢xsider that the audit iequirement of Regulation 10(1)(a)-{c) of trte Chwities Accounts (Scotland) Regulations 2006 does not apply. It is my responsibility to examine the financial statements as required under section 44{1)(c) of the Charitieg 2nd Trustee Investment (S¢otland} Acl 2005 ancl to state whether particular matters have come to my attentson. Basis of indep9ndent examiner's statement My examination is carried out in accordarce wlh Regulation 11 of the Charities Accounts {Scollandl Regulations 2006. An examination includes a review of the accounting records kept by the ¢harity and a comparison of the rinancial slatemenls presenied wilh those r&cords. 11 also includes consideration of any unusual items or disclosures in the financial statements, and seeking explanations from the trustees conGerning any such m3tters. The procedures undertaken do not provide all Ihe evidence that wc)uld bè required in an audit, and consequently I do not express an audit opinion on the view given by the financial statements. Independent examinerfs statemènl In the course of my examination, no matter has come to my attention 1. lch gives me reasonable cause to believe that n any material respect the requirements". to keep aGcounlin9 records in aGcordanGe with Section 44(1)(ai of the Chantie5 an¢ Trustee Investhient {Scotland) Act 2005 and Regulation 4 of the Charities Accounts (Scotland} Regulations 2006, and to prepare financial statements wFich ac¢ord with the accounting records and comply with Regulation 8 of the Charities Accounts (Scoland) Regulations 2006 have not been met, or z. 10 whlch, In my oplnlon. aitenb'on Snou d be drawn In order to enable a proper undersianding of ltr fjnancial
A HEART FOR DUNS STATEMENT OF FINANCIAL ACTIVITIES INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Current financial year Unrestricted Unrestricted fund5 funds general designated 2025 2025 Restricted funds Total Total 2025 2025 2024 Notes Income and endowrnents from: Grants and Donations Charitable activities Other trading activities Investments Other income 3,516 66,722 48,474 351 181 95,163 4,716 5,790 98,679 71,438 54,264 351 181 59.844 61,350 47,147 1.382 Total incorne 119,244 105.669 224,913 163,723 Expenditure on: Charitable activities 134.716 2.371 91,497 228,584 202,985 Total Èxpenditure 134.716 2,371 91,497 228,584 202,985 Net incomel{expenditure) (15,472) (2,3711 14,172 (3,671) {39,262} Tran51efS between funds (3.656} 1.474 2.182 Net movement in funds 12 {19.128) (897) 16,354 13.671) (39,262) Reconciliation of funds: Fund balances at 1 April 2024 38.324 7.727 209,804 255,855 295.117 Fund balances at 31 March 2025 19,196 6,830 226,158 252,184 255.855 The statement of fi.nancial activities includes all gains and losses recognised in Ihe year. All income and expendilufe derive from continuing activities.
A HEART FOR DUNS STATEMENT OF FINANCIAL ACTIVITIES (CONTINUED) INCLUDING INCOME AND EXPENDITURE ACCOUNT FOR THE YEAR ENDED 31 MARCH 2025 Prior financial year Unrestricted Unrestricted funds funds general designated 2024 2024 Restricted funds Total 2024 2024 Notes Income and endowments from: Grants and Donations Chafilable activities Other trading activities Investments 4.208 58,233 38,654 1,382 55,636 3,117 2,493 59.844 67,350 41,147 1,382 Total income 102,477 61.246 163,723 Expenditure on: Charitable activities 145,148 3,660 54,177 202,985 Total expenditure 145.148 3,660 54,177 202.985 Net incomellexpenditure) {42,671) {3,660) 7.069 (39.262) Transfers between funds 11.751 {11.7511 Net Jnovement in funds 12 130.9201 (3,660) {4,6821 {39,262) Reconciliation of funds: Fund balances at 1 April 2023 69.244 11,387 214,486 295,117 Fund balances at 31 March 2024 38.324 7,727 209,804 255.855
A HEART FOR DUNS BALANCE SHEEr AS AT31 MARCH 2025 2025 2024 Fixed as8èts Tangible a¥aet3 17 188.713 194.602 Cuffgnt asvts Stocks Debtors Cash at bank and in hand 18 19 3.ODO 7.OB1 67.158 1,500 13,388 64.621 77.239 79.509 Creditors: amounts falling due within one year 20 (10,980) (14.211) Net Curre assets 66.259 65298 Totsl assets *ss current liabililies 254,972 259,900 Deferred income 22 (2,788) (4,045) Not atssgts 252,184 255,655 The funds ofthe Ctwity Restri{ed income funds Unreslnctgd fuFKls- general Unrestricted fvnds - designated 25 226,158 19.196 6,830 209,804 38.324 7,727 252,184 255.855
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 A¢¢ounting policies Charity inforrnation A Heart for Duns is a Scottish Charitable Incorporated Organisalion governed by ils latest Constitution daled 19 July 2017. 1.1 Basis of preparation The financial statements have been prepared in accordance with the Charity's Constilution. the Charities and Truslee Investment (Scotland) Act 2005, the Charities Accounts (Scotlandl Regulations 2006 las amended) and "Accounting and Reporting by Charities= Statement of Recommended Practice applicable to charities preparing their accounts in accordance wilh the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102} (effective 1 January 2019)" The Charity is a Public Benefit Enlily as defined by FRS 102. The Chaiity has taken advantage of the provisions in the SORP for charities applying FRS 102 Update Bulletin 1 not to prepare a Statement of Cash Flows_ The financial statements are prepared in sterling. which is the functional currency of the Charity. Mcnetary amounts in these financial statements are rounded to the nearest £. The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below. 1.2 Going Concern At the lime of approving the financial statements. the Trustees have a Feasonable expectslion that the Charity has adequate resources to continue in operational existence for the foreseeable future. Thus the Trustees continue to adopt the going concern basis of accounting in preparing the financial statements, 1.3 Charitable funds Unrestricted lunds can be used at the discretion of the Trustees in furtherance of the objectives of the organisation. A single unrestricted fund is maintained for the day-to-day running of the organisation. Grant funding and certain private donations allocated for a specific purpose are recorded irF the reslricled funds. Designated funds are unrestricted funds that have been set aside by the Trustees for particular purposes. Restricted funds are funds which are to be used in accordance with specific restrictions imposed by the donors or which have been raised by the organisation for particular purposes. Blooming Marvellous is a community gardening project to care for the public flowerbeds in Duns. Grant funding was received to initialise the project in 2016-17.. the project has continued on a self-sustsined basis. 1.4 Income Income is recognised when the Charity is legally entitled to il after any performance conditions have been met, the amounts can be measured reliably. and it is probable that income will be received. Cash donations are recognised on receipt. Other donation5 are recognised once the Charity has been notified of the donation, unless performance conditions require deferral of the amount. Income lax recoverable in relation to donations received under Gift Aid or deeds of covenant is recognised at the time of the donation. Legacies are recognised on receipt or otherwise rf the Charity has been notified of an impending distribution, the amount is known, and receipt is expected. If the amount is not known, the legacy is treated as a contingent asset. 10-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies (Continued) 1.5 Expenditure All expenditure is accounted for on an accfuals basis. Costs are allocated to appropriate headings, based on the activities to which they are attributable. 1.6 Tangible fixed assets Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, nel of depreciation and any impairment losses. Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases= Freehold land and buildings Kitchen equipment Fixtures and fittings IT & office equipment Motor vehicles Other assets 31.23 /0 reducing balance 31.23Q/o reducing balance 31.230A_63.1601c reducing balance 31.23°A reducing balance 31.230A reducing balance The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is recognised in Ihe slalement of financial activities. No depreciation is applied to the freehold property as this is adequately maintained and the trustees consider that the market value is not materially different lo cost. 1.7 Impairment of fixed assets At each reporting end date, the Charity reviews the carrying amounts of its tangible assets lo determine whether there is any indication that those assets have suffered an impaimienl loss. If any such indication exists. the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any) 1.B Stocks stocks are staled at the lower of cost and estimated selling price less Costs to complete and sell. Cost comprises direct materials and. where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to Iheir present location and condition. Items held for distribution at no or nominal consideration are measured the lower of replacement cost and cost. Net realisable value is the estimated selling price less all estimated costs of completion and costs to be incurred in marketing, selling and distribution. 1.9 Cash and cash equivalents Cash and cash equivalents irFclude cash in hand, deposits held at call with banks. olher short-term liquid investrnents with original maturities of three months or less. and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities. 11
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Accounting policies Icontinuèdl 1.10 Flnanclal Instruments The Charity has elected to apply the provisions of Section 11 'Basic Financial Instruments, and Section 12 'other Financial Instruments Issues, of FRS 102 to all of ils financial instruments. Financial instruments are recognised in the Charity's balance sheet when the Charity becornes party lo the contractual provisions of the instrument. Financial assets and liabilities are offset. with the nel amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effe¢tive interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the fulure receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised. Basic financial liabilities Basic financial liabilities, including creditors and bank loans are initially recognised at transaction price unless the arrangement constitutes a financing transaction. where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised. Debt instruments are subsequently carried at amortised cost, using the effeclive interest rale method. Trade ereditors are obligations to pay for goods or services that have been acquired in the ordinary course of operation5 from suppliers_ Amounts payable are classified as current liabilities if payment is due within one year or less. If not, Ihey are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Derecognition of fiTnan¢it71 liabilities Financial liabilities are derecognised when the Charity's contractual obligations expire or are discharged or cancelled. 1.11 Taxation The charity is exempt from all direct tsxation in the UK. 1.12 Employee benefits The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received. Termination benefits are recognised immediately as an expense when the Charity is demonstrably committed to terminate the employment of an employee or to provide termination benefits. 12-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Critical accounting estimates and Judgements In the application of the Charity's accounting policies, the Trustees are required to make judgements, estimates and assumptions about the carrying amount of as5els and liabilitie5 that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting eslimales are recognised in the period in which the estimate is revised where the revision affects ¢)nly that period. or in the period of the revision and future periods where the revision affects both current and future periods. Income from Grants and Donattons Unrestricted Restricted funds funds 2025 2025 Total Unrestricted Restricted funds funds 2024 2Q24 Total 2025 2024 Grants and Donations recieved 3,516 95,163 98,679 4,208 55,636 59,844 Grants and Donations Blackhill Wind Farm Big Lottery Coronation Charities Trust- YSB Giving Force Blooming Marvellous Word Weavers Community Cafe & Food Bank Community Newsletter Silver Sunday National Lottery Fund PACT, BHA & BAVS Allanbanks Art Project Community Web Project SBC - Shared Prospertty Fund Borders Community Action Greener Melr05e Fixed Asset Reserve Lottery Led Grant Fallago Tweed Forum Other 5,805 5,805 31,937 3,470 31,937 3,470 1,000 5,667 618 1,000 5.742 618 50 493 543 75 3,466 3,466 1,695 2.729 500 100 2,729 942 100 1,695 442 34,437 34,437 450 450 1.440 500 1,440 500 33,552 33,552 4,194 4,194 10,238 1,968 1,257 10,238 1,968 1.257 1,830 1.651 1,830 1,651 4,496 1,222 4,496 1.222 3,241 3,241 3,516 95,163 98.679 4,208 55,636 59,844 13-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from charitable activlti8S Unrestricted Restri¢ted funds funds 2025 2025 Totsl Unrèstricted Restricted funds funds 2024 2024 Total 2025 2024 Income from charitable activities Hire of Volunteer Hall I office rental and services Rent from land and buildings Ancillary trading income Community events and activities 22,663 22,663 20,061 20.061 7,227 7.227 1,325 6,354 6,354 1,220 1.325 1.220 36.832 3,391 40,223 31,818 1,897 33,71S 66.722 4,716 71,438 58.233 3,117 61.350 Income from community events and activities 2025 2024 Community Cinema Community lunchl afternoon tea Marketsl Beer festival Community challange quiz 'Christmas Crackle. Hogmanay ceilidh Music events Players opera Come sing BeiCkSh1re show Tea Dance other events 5.867 2,478 5.631 452 5.099 2,921 11,260 850 8.568 376 2,623 434 5.440 2,849 1.065 774 4.052 357 1.285 4,024 7,534 Total community events and activities income 40.224 33.715 Income from other trading activlties Unrestrtcted Restricted funds funds general 2025 Total Unrestricted Restricted funds funds general 2024 Total 2025 2025 2024 2024 Bar Sales 48,474 5,790 54,264 38.654 2,493 41,147 14-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 Income from investments Unrestricted Unrestricted funds funds general general 2025 2024 Interest receivable 351 1,382 Other income Unrestricted Unrestricted funds funds 2025 2024 Net gain on disposal of tangible fixed assets 181 Expenditure on charitable activities Total 2025 Total 2024 Direct costs Depreciation and impairment Community even15 1 activities (see note 11) Special projects {see note 14) Charitable donations I gifts Hall refurbishment Professional costs 200 club prizes 6,070 71,785 7.499 825 30,840 4,110 984 9.042 56.140 7.712 1,687 538 122,113 75,119 Share of support and governance costs (see note 10) Support Governance 103.441 3,030 124,986 2,880 228,584 202,985 Analy51s by fund Unreslricled lunds - general Unre51fi¢ted funds - designated Restricted funds 134,716 2,371 91,497 145.148 3,660 54,177 228,584 202,985 15-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 10 Support costs Support Governance costs costs 2025 Support Governance costs costs 2024 Staff costs IT and administration costs Cleaning Marketing and Hall promotion Property costs (repairs. maintenance) Redundancy cost Operating licences Insurance Other Support Costs Independent examination fees 78.906 78.906 98.169 98.169 8,756 4,103 8,756 4,103 7,747 2.771 7,747 2.771 16 16 6,398 6,398 2.789 2,789 4.015 4.410 692 451 333 4.015 4,410 692 451 333 987 5.757 2.127 987 5.757 2,127 3,030 3,030 2,880 2.880 103,441 3.030 106.471 124,986 2,880 127.866 Analysed between Charitable activities 103.441 3.030 106,471 124,986 2,880 127,866 11 Expenditure on key community events and activities 2025 2024 Film hire and royalties Bar Catering 'Christmas Crackle. Beer and food festival Other AHFD-run event costs Ceilidh Larder and Cafe Come Sing Music events Bemickshire show Tea dance 5,373 25.652 2,491 3,898 8,502 11,994 2,920 1.841 8,133 19.194 162 5.686 600 9,195 3,470 3,098 3,646 2,956 8.411 163 540 71,785 56,140 16-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 12 Net movement in funds 2025 2024 The net movement in funds is slated after charginglltrediting).. Depreciation of owned tangible fixed assets Profrt on disposal of tangible fixed assets 6,070 (181) 9,042 13 Trustees None of the Trustees (or any persons connected with them) received any remuneration or benefits from the Charity during the year (2024: None). 14 Specialist projects 2025 2024 Blooming Marve15ous expenditure 7,712 10,212 15 Employees The average monthly number of employees during the year was.. 2025 Number 2024 Number Patt time staff Employment Costs 2025 2024 Wages and salaries Redundancy costs 78.906 98,169 4,410 78,906 102,579 There were no employees whose annual remuneration was more than £60,000. 16 Taxatlon The charity is exempt from taxation on its activities because all its income is applied for charitable purposes. 17-
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A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED FOR THE YEAR ENDED 31 MARCH 2025 18 Stocks 2025 2024 Bar stock 3,000 1,500 19 Debtors 2025 2024 Amounts falling due within one year: Trade debtors Prepayments and accrued income 7,081 8.084 5,304 7,081 13,388 20 Creditors: amounts falling due within one year 2025 2024 Notes Bank overdrafts Other taxation and social security Trade creditors Accruals 21 2.958 3,148 5,590 2,515 4.387 4.078 2.515 10.980 14,211 21 Loans and overdrafts 2025 2024 Bank overdrafts- PayPal 2,958 Payable within one year 2.958 22 Deferred income 2025 2024 Arising from Deferred income - Grants 2,788 4,045 Deferred income is included in the financial statements as follows.. 19-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 22 Deferred income Icontinuedl 2025 2024 Deferred income is included within.. Shown as deferred income on the face ofthe balance sheet 2,788 4,045 Movements in the year.. Deferred income at 1 April 2024 Released from previous periods 4,045 (1,2571 5,875 (1.830) Deferred income at 31 March 2025 2,788 4.045 23 Unrestricted funds - designated These are unrestricted funds which are material to the Charity'5 activities which have been sel aside out of unrestricted ftjnds by the trustees for specific purposes. At 1 April 2024 Resources expended Transfers At 31 March 2025 Fixed Asset Reserve Dougal Afleck 7.727 (2.3711 5.356 1.474 1,474 7,727 {2,371) 1.474 6,830 Previous year: At 1 April 2023 Resources expended Transfers At 31 March 2024 Fixed Asset Reserve 11,387 (3.660} 7,727 The Fixed Asset Reserve represents the charity's fixed assets which have not been PUTchased using restricted grant funds. A transfer has been made between the Unrestricted fund and the Designated fund to account for additions to fixed assets in the year and align the funds. -20-
A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 24 Unrestricted funds The unreslricled funds of the charity compfise the vnexpended balances ol donations and grants which are not subject to specific conditions by dc05 and grantors as lo how they may be used. At 1 April 2024 Incoming r•soureès RÈsourGe3 expèndéd Transfers At 31 March 2025 1.474 36,850 (1.474) (2.182) General funds 119.244 (134,716) 19,196 38.324 119.244 {134.716) (3,656} 19,196 Previous year: At 1 April 2023 Incoming resources Rèsources expended Transfers At 31 March 2024 General funds 69,244 102,477 (145,148) 11,751 38,324 21
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A HEART FOR DUNS NOTES TO THE FINANCIAL STATEMENTS (CONTINUED) FOR THE YEAR ENDED 31 MARCH 2025 26 Analysis of net assets between funds Unrestricted Unrestrlcted funds funds general deslgnated 2025 2025 Restricted funds Totsl 2025 2025 At 31 March 2025: Tangible assets Current assetsllliabilities) Provisions and deferred income 924 18,272 5.356 1,474 182,433 46.513 (2,7881 188,713 66.259 12.7881 19.196 6.830 226,158 252.184 Unrestricted Unrestricted funds funds general designated 2024 2024 Restricted funds Total 2024 2024 At 31 March 2024: Tangible assets Current as5etsllliabilities) Provisions and deferred income 1,079 37,245 7,727 185,796 28,053 (4,045} 194.602 65,298 14,045) 38,324 7.727 209.804 255.855 27 Related party transactions Expenses were re-imbursed to committee members for purchases made to support community events and activities. No additional travel expenses were claimed. None of the Trustees received remuneration for their activities. -24-